St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-25

4 RTIcLEs OF INCORPORATION OF RICH
u mond and st. Paul Land and Improvement
Company. We. the undersigned. do hereby
associate ourselves and thereby form cor.
poration under and pursuant to the provisions OF
title two, of chapter thirty-four. of the General
Statutes of the State of Minnesota and of the acts
amendatory thereof and supplementary thereto
and to that emo do adopt and sign the following
articles. viz:
Article THE name of said corporation shall
be ''Riehmond and St Paul Land and Improve
ment Company" The general nature OF its bust.
ness shall be the buying, owning. Improving SELL
ing and dealing in lands, tenements and heredita
ments real mixed and personal estate and prop
erty.- The principal place OF transactng the bust
ness OF said corporation shall be the CITY of 1t.
Paul. N the County of Ramsey and State of Min
| nesota.
Article 2-The time of commencement OF said
corporation shall be the first day of February, A.
d. 1887 the period OF the continuance thereof
! shall be thirty years.
Article 3-The amount of capital stock of said
| corporation shall be five hundred thousan.. dol
lars, and the same shall De paid in at such times
and in such manner the Board of Directors
! thereof shall from time to time by resolution
| designate.
! Arr.cie 4-The highest amount of Indebtedness
or liability to which said company shall at any
| time be subject shall be the of five hundred
| thousand dollars.
Article 1.-THE names and places OF residence of
the persons forming such association for incor-
! poration are as follows viz: j. Royal McMurran
Gustav Willius and Hiram F. stevens and they
all reside at the City of St Paul, in the Count Of
I
Article 1.-THE names of the first Board of Dree-
! tors follows: II. William Pemberton ].
Royal McMurran, Joseph Bryan, Carter w.
! Branch, James II. Doorey and Peter II. Mayo. The
| government of said corporation and the manage
ment of its affairs shall be be vested in Boaru of
| six Directors and subject to their direction IN
| such officers or agents as they may from time to
| time by resolution designate. During the first
| year of the existence OF the SAID corporation
! James II. Dooley shall be President and Peter h
! Mayo shall be Vice President: Hugh A. McCurdy
shall be Secretary and James n. DOOl9v hal ho
Treasurer. Said Directors shall be elected by the
stockholders of said corporation after the first year
! at the mountaineering of said stockholders which
shall be held onthe first Tuesday of February in
each year. The other officers above specified
shall be elected after the first year By the Board
of Directors at the annual meeting thereof
/ which shall be held soon as practicable after
the meeting of stockholders in each year as above
! specified. Each Director and officer shall con-
tinue in Office until his successor shall have been
| duly elected and quail fed.
| Meetings of said corportion for the cleo.
| ton of officers, the adoption, amendment or
| repeal of the bylaws, or any part thereof
! or Tor the transaction of any other business Of
I sal d corporation, may be held at the principal
! place of business thereof, as above Specified or
at the City of Richmond, IN the State OF Virginia
The first Board of Directors of said corporation
may adopt bylaws which shall remain in force un-
til the first annual meeting above specified
/ and until and except as thereafter amended by a
/ vote of amajor!ty of the stockholders of said
| corporation.
! Article THE number of shares in the capital
stock of said corporation shall be FIVE thousand;
the amount of each share shall be one hundred
! dollars. ..-.-..
1 In testimony whereof we have hereunto set our
hands and affixed our seals this oath day of
! January, a. ID. 1887. go.
| -.-....--.- j. RoYALL McMURRAN, lseal |
! -. --.-.--... GUSTAV WILLIUS fSeaI
r -...-...- HIRAM F. STEVENS, lSeaI |
1 In presence of;
IL SAMUEL slCMURRAN.
| w. b. BOURNE.